Relievant reels in $36M round

October 12, 2016

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Therapeutic Devices | Redwood City, CA | Late Stage

Relievant Medsystems is a medical device company helping to treat chronic lower back pain through a minimally invasive procedure that delivers radiofrequency energy into the vertebral body of the spine. The financing will be used to advance additional clinical studies, expand the company's product portfolio and accelerate commercial activities. Relievant previously raised a $4.5 million round in December 2015 at a valuation of $68.4 million.